$4,800,000
157 W 3rd Street, Winona, MN 55987
Description
Discover this rare opportunity to own the historic Kensington, a premier investment property in the heart of downtown Winona. This vibrant 55+ community pairs a dynamic residential atmosphere with a thriving commercial clientele. Steps away from dining, shopping and entertainment, this well-established property boasts modern amenities, a vibrant social scene, and a loyal resident base. As retirement grows at a record pace, this is a prime moment to invest. The property is meticulously maintained and fully rented. There is also an option to acquire an additional parcel, a large commercial lot with garages and parking offering further development potential. Contact us today to learn more about this exceptional turnkey investment!
Property Details
Interior
- Full
- Hot Water/Steam
- Total Sqft: 58,774
- Lot Sqft Source: Assessor/Public Record
- Estimated Sqft Range: 3501 or more,5001 or more,2501 or more
Exterior
- Range: 0.5 to .99
- Source: Assessor/Public Record
- Brick/Stone, Stone
- Spaces: 58.0
- Other,Tar/Gravel
- Waterfront: N
- Municipal Sewer, Municipal Water
Misc.
- Ceiling Height: 11 - 15 feet
- Features: Expenses Include: Other, Truck Door Height: 9 - 12 Feet, Truck Door(s), Elevator(s), Passenger Elevator, Living Space, Loading Dock, Restroom(s), Security Lighting
- N
- Code: 55987
- Y
- Direction Prefix: West
- Name: 3rd STREET
- Suffix: STREET
- 2025
- Commercial
Map
- Hwy 61 and Huff street head north to 3rd St. Turn right to Johnson Street
Monthly Payment Calculator
Schools and Neighborhood
- Winona
- Name: WINONA
- Type: City
- WINONA
Market Comparison
How this property compares to local market averages — calculated 4/27/2026
Listing Information
- Time on Market: 24 days
- Place Perfect Last Updated: 2026-04-02 14:28:32
- MLS Number: 1956146
- Subsystem Locale: WIREX_METRO
- Listing Office: Keller Williams Premier Realty
- Listing Agent: Cherie Burke
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